He runs an entertainment show with a horrible prediction record. This is not relevant.
Is there anyone out there who does not associate Jim Cramer with "Bear Sterns is just fine"?
Is this a one-off? Or most of his predictions bad. Has anyone tracked his recommendations. Speaking of which, is there anyway I can get ratings on predictions for all (popular) analysts?
I haven’t tracked his predictions, but he has proven to be a shill for Wall Street (see aforementioned Jon Stewart interview). If he’s going to throw out the occasional Bear Sternes, knowing full well what the story is, I don’t care what his success rate is.
I associate him more with his interview with Jon Stewart. To this day I can’t figure out if he knew what he was walking into and just has big balls of iron ore, or if he stupidly thought he was going to get softballs tossed at him.
This is right up there with Tom Cruise going nuts with Katie Holmes (in a good way).
Jim Cramer has credibility?
As Bitcoin fans are starting losing faith in Amazon adopting their hopes for getting instant millionaires, so, now their hopes are in Square, which will be another disappointment. One thing I give to Bitcoin fans - man, that pest is resilient and stubborn beyond reason! They are like cockroaches that can survive even a Nuclear Winter! They are the rare kind that can break the wall after years of banging on it! Regardless, Bitcoin today is still useless, and outdated technology, so, they should instead channel their energy into something with real future!
> so, they should instead channel their energy into something with real future!
Such as?
Lisk, Monero, Iota, and Factom. To be exact.
It's like betting on Assembly language in 2017 instead of on TypeScript, Kotlin, etc. Bitcoin is the Old Spice of cryptos. But people have virtual billions in it, and the moment more than 1% goes on sale, the price will fall like a rock!